Housing costs in Milford?
A typical home costs
$293,500, which is 13.2% less expensive than the national average of
$338,100 and 50.6% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Milford costs
$950 per month, which is 2.2% more than the national average of
$930 and close to the state average of
$950.
Can I afford Milford?
To live comfortably in Milford (zip 51351), Iowa, a minimum annual income of
$56,160 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Milford?
The cost of living in Milford, IA (zip code 51351) is quite reasonable. According to 黑料社区, the overall cost of living is 8% lower than the U.S. average, making Milford an attractive place for people interested in a low cost of living. The median home value is $129,400, and housing costs are only 10% lower than the national average. Utilities are also lower than the national average at 9%. Food costs are slightly higher at 12%, but still affordable considering the overall low cost of living. Transportation costs are similar to the national average at 100%. All in all, residing in Milford can be done on a budget and still provide plenty of comfort and convenience for residents.